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‘Operation Weak Flesh’ takes bite out of Brazil’s meat exports

Sao Paulo | Reuters –– Brazil’s meat exports have fallen sharply since a police investigation into alleged bribery of food-sanitation inspectors in the world’s top beef and poultry exporter sparked a wave of trade bans, an industry group said on Friday. Import restrictions by several key importers of Brazilian meat, ranging from China to Europe, […] Read more



U.S. grains: CBOT soybeans, corn fall

Chicago | Reuters — U.S. soybean futures dropped 1.6 per cent on Friday to their lowest level in more than five months on pressure from rising forecasts for already-robust South American harvests, traders said. Corn futures also weakened, hitting their lowest level since Jan. 13. Chicago Board of Trade soft red winter wheat rose on […] Read more

Canadian Financial Close: TSX rises with US approval of Keystone

By Commodity News Service Canada WINNIPEG, March 24 – The Canadian dollar suffered modest losses against its US counterpart on Friday, as Canada’s inflation rate missed expectations. The rate advanced at an annualized pace of 2% in February, which was slightly below analysts’ estimates. Advances in crude oil, silver and natural gas helped offset the […] Read more


Feed Grains: French barley quality on the decline

By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Friday, March 24. Oat prices in Saskatchewan fell four cents overnight in the latest Prairie Ag Hotwire Report. They are currently listed at C$2.52-$2.69 a bushel. Feed wheat prices in Saskatchewan are holding steady […] Read more

North American Grains/Oilseed Review: Canola drops with US soy, technicals

By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, Mar 24 – The ICE Futures Canada canola market finished weaker on Friday, as declines in the US soy complex pointed the way lower. Technical selling was a main feature behind canola’s drop over yesterday’s session and today, according to a trader in Winnipeg. […] Read more


Pulses: Australian chickpea prices rising

By Commodity News Service Canada Winnipeg, March 24 (CNS Canada) – Chickpea prices in Australia continue to strengthen, despite farmers in the country growing a record large two million tonne crop. Solid demand from India was said to be providing support. Canadian pulse traders continue to follow news out of India closely, with still no […] Read more

ICE Canola Dips as Losses in Soy Cancel out Technical Bounce

By Dave Sims, Commodity News Service Canada WINNIPEG, March 24 – Canola contracts on the ICE Futures Canada platform were lower at 10:45 CDT on Friday, weighed down by losses in the US soy complex. The market had been higher in early activity but was unable to hold up against the downward pull of the […] Read more


ICE canola mixed in volatile trade

By Jade Markus, Commodity News Service Canada WINNIPEG, March 24 – ICE Canada canola were mixed in choppy trade Friday morning. Losses in the US soy complex added spill-over pressure to canola. Chicago Board of Trade soybeans, soy meal, and soy oil dropped in early activity with reports of strong farmer selling from Brazil, as […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, March 24 (CNS Canada) The Canadian dollar was holding steady Friday morning, as the latest inflation data was deemed neutral. At 8:57 CDT Friday morning the Canadian dollar was at US$0.7490 or C$1.3351 which compares with Thursday’s North American close of US$0.7490 or C$1.3351. Canada’s Consumer Price Index increased […] Read more